Plain English with Derek Thompson cover image

America's Biggest Car Companies Are in Trouble

Plain English with Derek Thompson

00:00

Decarbonization Dilemma in Michigan's Auto Industry

The political significance of Michigan's auto industry for Biden's reelection and the decarbonization dilemma he faces are crucial. The fear of a China shock affecting Michigan is troubling due to the dominance of Chinese companies in the EV supply chain. Republicans criticize green initiatives like the IRA as a Chinese subsidy, urging to protect American interests first. Supporting decarbonization while avoiding the bankruptcy of Michigan's big three remains a challenging balance for policymakers seeking to make environmental initiatives popular.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app